12029 EVENING RIDE DR
About This Property
Upon entry you'll find a grand living room, a dining room, a versatile home office or guest room, a light filled family room, a chef's kitchen, a butler pantry, two powder rooms, and a sun-room. The entire main floor of the home overlooks the stunning resort style saltwater pool.
This home's primary bedroom suite is what dreams are made of. It features wall sconces, a balcony overlooking the pool, and a fireplace. The primary bathroom features dual closets, heated floors, TVs in the mirrors, dual water closets, a rainfall shower, and a spa-like tub.
The largest closet is a heaven of sophistication and organization. Step inside this expansive space, which will transform your wardrobe as if it were a boutique. Adorned with glass closets so you can easily see your entire wardrobe. A central island is perfect for housing your jewelry and accessories. It's a luxurious and well-designed sanctuary that exudes elegance and functionality.
Each bedroom in the home features its own full bathroom including the lofted bedroom on the top floor of the home. The foyer of the home features hidden storage behind wall panels for your convenience.
Revel in the convenience of garage parking for 5 luxury cars as well as a stunning flagstone motor court.
The basement is an entertainer's paradise, featuring a large recreation room with wet bar, a full guest suite, a state-of-the-art movie theater that seats 8 with motorized recliners, and an indoor heated Endless Pool with an automatic retractable cover and a brand-new liner.
The home's backyard is a masterpiece designed for hosting, featuring a gourmet kitchen equipped with a Viking natural gas grill by the pool, a saltwater pool, and an extraordinary hot tub that accommodates up to 15 people. Whether you choose to swim in the indoor or outdoor pool, you can relax afterward in the soothing steam sauna. If that wasn't enough, the entire home is outfitted with personal balconies and outdoor space perfect for entertaining.
Enjoy low-maintenance outdoor living with Synlawn synthetic grass installed on the patio and surrounding the pool area. Inside, the home boasts upgraded heated Rehau radiant floors in the family room, primary bedroom closets, primary bath, primary bedroom, kitchen, and loft bathroom. Experience the wow factor with hidden TVs embedded in the mirrors of the primary closets and the basement entertainment center. The home also includes five brand-new A/C units, new thermostats, with a SEER 16 compressor unit for the loft. A whole house generator also conveys with the property for maximum convenience.
Merry-Go-Round Farm spans 204 scenic acres, offering breathtaking views of the Potomac River. This unique community, with only 81 homesites divided into five sections, features homes averaging three-quarters of an acre, perfectly integrated into a meticulously preserved natural setting. The common grounds include an equestrian center with two well-maintained stables, ample pasture, miles of forest trails for hiking and riding, three small lakes, tennis courts and several expansive fields ideal for picnics in warm weather and cross-country skiing or sledding in winter. Onsite groundskeepers and barn staff care for the land and horses under the direction of a Homeowners' Association, of which all residents are members.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017